San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage with a focus on transportation. Terms of the deal …
Some North Carolina homeowners are seeing premium increases this year due to a fire rating change. And North Carolina officials say those increases in insurance premiums stem from the use of technology by insurers and not a change in public …
Federal regulators last week allowed North Carolina insurers a one-year delay in meeting a benchmark requiring that more of each health insurance premium dollar to go toward medical services and less toward overhead and bonuses. The decision by the U.S. …
The San Francisco, Calif.-based ISU Network on Thursday announced expansions in three states, North Carolina, Maryland and North Dakota. ISU’s North Carolina additions are: H. B. Cantrell & Co., O’Connor Insurance Agency, Wes Connor Agency, Twin City Insurance Agency and …
A recent study from the Small Business Administration suggests there is a strong correlation between self-employment and past military experience. Veterans are at least 45 percent more likely to start their own businesses than those without military background, according to …
Times may be tough, but new data show the average worker in six of North Carolina’s largest counties got a pay raise greater than inflation last year. The U.S. Bureau of Economic Analysis says average annual compensation rose 4.6 percent …
North Carolina’s insurance commissioner says residents need more time to file insurance claims stemming from losses suffered during Hurricane Irene. Wayne Goodwin sent a letter on Friday to Federal Emergency Management Agency officials asking for an extension of the Nov. …
Hampton Roads, Virginia-based TowneBank has acquired the Stanton Taylor Agency, a Raleigh, North Carolina agency that provides insurance and risk management services throughout Raleigh and eastern North Carolina. The agency will be affiliated with Towne Insurance Agency, a wholly-owned subsidiary …
The state agency overseeing North Carolina’s response to Hurricane Irene estimates the price tag on helping individuals and governments recover from Hurricane Irene so far at about $125 million. The Division of Emergency Management provided the total to senators Wednesday …
Mecklenburg County in North Carolina plans to buy more than a dozen homes damaged by flooding last month. County commissioners saidthey plan to spend up to $2 million as part of an effort to remove homes located in flood-prone areas. …
